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Company No. 02573801 · Incorporated 15 Jan 1991

Afry Management Consulting Limited

Registered name: AFRY MANAGEMENT CONSULTING LIMITED

Part of Afry Ab group

Afry Management Consulting Limited made £30.7m revenue and £5.7m profit in the year to 31 Dec 2025.

Afry Management Consulting Limited’s revenue fell 30% to £30.7m in the year to 31 Dec 2025, with £5.7m profit and 153 employees. The company is classified under “management consultancy activities other than financial management” and is based in Oxford; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management
Status
Active
Location
Oxford, South East
Age
35 yrs · since 1991
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “AFRY AB”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue
£30.7m
Growth ▼29.9%
Profit
£5.7m
Growth ▲26.6%
Profit margin
18.5%
Gross 47.8%
Employees
153
Change ▼26.1%
Profit / employee
£37.2k
Revenue/employee £201k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£33.7m£43.1m£43.8m£30.7m
Cost of sales£13.3m£19m£20.5m£16m
Gross profit£20.3m£24.1m£23.3m£14.7m
Operating profit£5.8m£5.4m£6.1m£1.7m
Profit before tax£5.8m£5.7m£6.2m£6.2m
Profit after tax£4.9m£4.4m£4.5m£5.7m
Profit (best available)£4.9m£4.4m£4.5m£5.7m
Staff costs£14.8m£19.2m£18.9m£15m
Employees (average)169215207153
Ratios
Profit margin14.5%10.2%10.3%18.5%
Gross margin60.4%55.8%53.2%47.8%
Revenue per employee£199k£201k£212k£201k
Profit per employee£28.9k£20.4k£21.7k£37.2k
Growth (year on year)
Revenue growth—▲28%▲1.6%▼29.9%
Profit growth—▼10.1%▲2.4%▲26.6%
Headcount growth—▲27.2%▼3.7%▼26.1%
Balance sheet — indirect signals, not revenue
Cash at bank£583k£832k£1.2m£871k
Net assets£8.9m£9.3m£12.4m£11.5m
Fixed assets£1.2m£954k£623k£4.2m
Current assets£17.8m£17m£20.4m£14.6m
Debtors£4.5m£4.6m£3.4m£3m
Deferred income£6.5m£5.1m£4.9m£4m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
18.5%
Profit ÷ revenue.
Gross margin
47.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£201k
Revenue ÷ average employees.
Profit per employee
£37.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
13.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
12.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.7%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▼7%
Now £11.5m
Cash at bank
▼30%
Now £871k
Headcount
▼26%
Now 153
Deferred income
▼19%
Now £4m
Fixed assets
▲577%
Now £4.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Afry Ab (registered outside the UK register)ultimate parent75–100%
  2. Afry Management Consulting Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £5.7m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.